This property could be a profitable Mid-Term investment with a projected 22.52% first-year return on $45,510 initial cash invested.
22.52%
Cash On Cash
15.06%
Cap Rate
2.38
DSCR
$2,462
Rent
$854
Cashflow
Cash Flow
$2,462 income − $1,608 expenses = $854 cash flow
Investment Breakdown
|
Purchase Price
$131k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,510
Downpayment
20%
$26,200
Closing costs
1%
$1,310
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,462
Total Expenses
$1,608
Mortgage P&I
28%
$692
Property Taxes
1%
$36
Home Insurance
2%
$44
HOA
0%
$0
Property Management
12%
$295
CapEx
4%
$98
Vacancy
3%
$74
Maintenance
4%
$98
Other
11%
$271